Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Asian tech stocks slide as AI rally cools, oil steadies near $75
Asian stocks slipped Thursday as a fresh AI rally fizzled, hitting tech heavyweights like SK Hynix and Tokyo Electron. Oil stayed near mid-$
Australian shares set to slip as US inflation fears and Fed rate warning weigh
Australian shares are poised to dip on Thursday as renewed US inflation concerns and a Federal Reserve official's warning about higher rates
Stocks Split as Oil Drops on Hormuz Reopening Hopes
US stocks were mixed Wednesday as reports of a possible interim deal to reopen the Strait of Hormuz pushed oil prices lower. The Dow rose wh
S&P 500 hits record high as earnings surge 47%, but caution grows
US stocks hit record highs as strong earnings, including a 47% profit surge, drove the S&P 500 to its first record since June. But some inve
DAX slips as Hormuz transit deal hopes meet investor skepticism
Germany's DAX dipped 0.29% as investors weighed reports of a possible 60-day fee-free transit plan for the Strait of Hormuz. Skepticism pers
Utilities defy higher Treasury yields, showing defensive strength
Utility stocks typically struggle when Treasury yields climb, but last month they barely flinched and even beat the broader market. The sect
Funds Boost Wheat Bets, Trim Rapeseed as Crop Positioning Shifts
Funds increased bullish bets on Euronext milling wheat to a net 153,622 contracts in the week to July 31, while trimming rapeseed longs to 6
Latin American markets climb as softer dollar lifts currencies and commodities
MSCI's Latin America equities index gained about 0.8% as the real, peso, and Chilean peso firmed alongside higher commodity prices. A softer
Asian ADRs edge higher as Jiayin jumps, MOGU slides in early US trading
Asian ADRs ticked up in early US trading, with the S&P Asia 50 ADR Index gaining 0.57%. Gains were led by Jiayin and 17 Education, while MOG
Hedge funds lost nearly 3% in July as crowded tech trades unwound
Hedge funds lost nearly 3% in July, according to JPMorgan, as crowded tech trades reversed. Quant equity funds fell about 5%, hit by chip st
Glencore's ASX listing pitch targets Australia's $4.4 trillion pension pool
Glencore is proposing a secondary listing on the ASX via CHESS Depositary Interests, aiming to join the ASX 200 within a year. The move woul
Copper Holds Above $14,000 as LME Inventories Shrink and US Tariff Risk Looms
Copper held above $14,000 a ton as LME inventories keep shrinking and more metal heads to the US ahead of a possible tariff decision. The ca